Holding(s) in Company

Gulfsands Petroleum PLC
14 April 2005


                            GULFSANDS PETROLEUM PLC
                                  ('Company')

                               Holding in Company

The Company was informed on 12 April 2005 that Artemis Investment Management
Limited, and certain of its subsidiary companies, have an interest in 4,600,000
ordinary shares in the capital of the Company, representing 4.98 per cent. of
the issued share capital of the Company.

END



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